For the Quarter Ending September 2025
North America
• In the United States, the Phenylephrine Hydrochloride Price Index remained stable in Q3 2025, as increasing imports tempered cost pressures.
• Production costs for Phenylephrine Hydrochloride rose, driven by a 2.6% year-over-year PPI increase in August 2025.
• Demand for Phenylephrine Hydrochloride saw a resurgence within the pharmaceutical sector during Q3 2025.
• Overall chemical industry inventories shrank in Q3 2025 due to accelerating destocking activities.
• Energy and feedstock costs, including natural gas, increased in Q3 2025; CPI rose 3.0% in September 2025.
• US retail sales, excluding auto and gas, increased 5.42% year-over-year in September 2025, supporting consumer demand.
• US chemical production contracted in Q3 2025, despite a marginal 0.1% year-over-year industrial production increase.
• Consumer confidence declined in September 2025, reflecting reduced optimism, while unemployment remained stable at 4.3%.
Why did the price of Phenylephrine Hydrochloride change in September 2025 in North America?
• Rising input and raw material costs, evidenced by a 2.6% PPI increase in August 2025, pressured prices upward.
• Increasing phenol imports from Asia tempered potential price gains in the US during Q3 2025.
• Strong retail sales, up 5.42% year-over-year in September 2025, supported demand, counteracting price pressures.
APAC
• In China, the Phenylephrine Hydrochloride Price Index fell quarter-over-quarter in Q3 2025, driven by declining producer prices.
• Phenylephrine Hydrochloride production costs decreased as PPI fell 2.3% in September 2025, reflecting lower input costs.
• Consumer confidence remained low at 89.6 in September 2025, dampening demand for health products.
• The Manufacturing Index was contracting in September 2025, reflecting a slowdown in industrial activity.
• Retail sales grew 3.0% in September 2025, supporting demand for OTC Phenylephrine Hydrochloride medications.
• Overall chemical inventories remained elevated in China during Q3 2025, reflecting persistent oversupply conditions.
• Benzene prices, a key precursor, stabilized in early Q3 2025, with spot prices dipping slightly.
• China's industrial production increased 6.5% in September 2025, supporting the broader manufacturing sector.
• CPI fell 0.3% in September 2025, reflecting weak consumer demand and lower overall prices.
Why did the price of Phenylephrine Hydrochloride change in September 2025 in APAC?
• Producer prices declined 2.3% in September 2025, reducing manufacturing input costs for Phenylephrine Hydrochloride.
• Elevated chemical inventories and expanding phenol capacity contributed to an oversupply sentiment in Q3 2025.
• Weak consumer confidence at 89.6 and a contracting Manufacturing Index impacted overall demand.
Europe
• In Germany, the Phenylephrine Hydrochloride Price Index fell quarter-over-quarter in Q3 2025, influenced by declining feedstock costs.
• Phenylephrine Hydrochloride production costs faced downward pressure in Q3 2025 due to declining phenol and benzene prices.
• High energy and personnel costs in Germany strained Phenylephrine Hydrochloride production margins throughout Q3 2025.
• Pharmaceutical market demand for Phenylephrine Hydrochloride in Germany moderately expanded during Q3 2025.
• Overall German chemical industry demand for Phenylephrine Hydrochloride weakened significantly in Q3 2025.
• Phenol inventory levels swelled in Germany during Q3 2025, contributing to an oversupply of this key precursor.
• Germany's Manufacturing Index was contracting in Q3 2025, reflecting a broader industrial slowdown.
• The Consumer Price Index rose 2.4% in September 2025, alongside a 6.3% unemployment rate, impacting OTC demand.
• Producer prices declined 1.7% in September 2025, while retail sales rose 0.2% and industrial production fell 1.0%.
Why did the price of Phenylephrine Hydrochloride change in September 2025 in Europe?
• Feedstock phenol and benzene costs declined in Q3 2025, reducing Phenylephrine Hydrochloride production expenses.
• Germany experienced a surge in cheap chemical imports from China in Q3 2025, increasing market supply.
• Overall German chemical industry demand weakened significantly in Q3 2025, despite pharmaceutical sector expansion